Pace operating model

Pace is Nike's operating model overhaul. It covers supply chain modernization, a new campus in Bengaluru, India, for Nike, Jordan and Converse, a realignment to three geographies (Americas, APGC and EMEA), and fewer roles over time.↗ source

Why it matters to the stock. Pace sets the cost base for the next several years. Management expects about $2.5 billion of cumulative savings, but the charges and job cuts come first. Fiscal 2027 adjusted EPS guidance of $1.15 to $1.35 excludes about $0.15 of Pace restructuring costs.